Deal Digest: Korean edtech firm Ringle, Pak online pharmacy Dawaai nab funding
June 10, 2021
South Korean edtech startup Ringle has raised $18 million in Series A funding while Pakistan’s largest online pharmacy Dawaai has closed its $8.5-million venture round.
Korea’s edtech firm Ringle raises $18m Series A
Ringle, a South Korean provider of one-on-one English tutoring, has raised a total of $18 million in Series A funding led by Must Asset Management.
The company raised $9 million as part of the round in late March and has closed the round with a total amount of $18 million, Ringle said in a statement on Thursday. The edtech startup is valued at $90 million.
Let’s get right to it.
Oh wait, one item first. Tesla earnings happened, and as always a bunch of new promises and products and timelines were laid out, including a Knight Rider-inspired steering yoke in the “Plaid” Model X.
Image Credits: Tesla
This stalkless yoke steering wheel is suboptimal (yup I said it). And it’s already getting the attention of federal safety regulators.
Yes, you’ve seen these yokes in race cars. However, the steering ratio is vastly different between race cars and the vehicle sitting in your driveway.
I’m not the only who sees this as an awkward and potentially dangerous design choice.
Big valuation for MainStreet, a San Jose business that offers to help startups save money bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.